Auto Industry
car&bike Team
Oct 25, 2021, 1:34 AM
The European Union and Taiwan are democracies with shared values and are natural partners when it comes to semiconductors, a senior EU official said on Thursday, making a pitch for the island's key chip firms to invest in the bloc.
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car&bike Team | Oct 25, 2021Car Production Curbs Hit TomTom Amid Chip ShortageDutch navigation and digital mapping company TomTom warned on Thursday supply chain problems in the auto sector could last until the first half of next year after it reported a bigger than expected quarterly core loss.1 min read
car&bike Team | Oct 25, 2021Carmakers Shift Up A Gear In Race To Go ElectricWith electric car sales soaring and regulations increasingly favouring zero-emission vehicles, a flurry of announcements on Monday showed how the global auto industry has kicked into a higher gear as it races to speed past the fossil-fuel car era1 min read
car&bike Team | Oct 24, 2021Ryder, Gatik Team Up To Roll Out U.S. Autonomous Delivery NetworkTruck fleet operator Ryder System Inc and Gatik said on Tuesday they will build a national U.S. autonomous short-haul, "middle-mile" logistics network for Gatik, a Silicon Valley self-driving startup, to deliver goods to business customers.1 min read
car&bike Team | Oct 24, 2021Tesla Quarter May Hinge On China Factory, Supply Chain CostsInvestors will be closely watching Tesla's quarterly results on Wednesday for indications of its performance in China, where the electric carmaker has posted robust sales in the face of negative publicity and a host of new domestic competitors.1 min read
car&bike Team | Oct 24, 2021Italy Woos Intel Over Multibillion-Euro Chip Plant: ReportRome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner to land an even bigger megafactory planned by the U.S. company, three sources said.1 min read
car&bike Team | Oct 24, 2021Canada Says Proposed U.S. EV Tax Credit Could Harm Sector, Mulls Possible ChallengeCanadian Trade Minister Mary Ng told U.S. lawmakers that if approved, the proposals to create new electric vehicle tax credits for American-built vehicles, "would have a major adverse impact on the future of EV and automotive production in Canada."1 min read
car&bike Team | Oct 24, 2021General Motors Expedites Shipment Of Pickup Trucks Parked Due To Lack Of ChipsGeneral Motors Co is more than halfway through shipping newly-assembled pickups that it had parked due to a shortage of semiconductor chips, a top executive at the No. 1 U.S. automaker said.1 min read
Ameya Naik | Oct 24, 2021Apollo Tyres Ltd Brings Premium Tyre Brand Vredestein To IndiaApollo Tyres launched the premium European brand, Vredestein in India. The Vredestein brand of tyres will be manufactured at the company's facilities in India, and will cater to the premium and luxury segment in passenger cars, while the two-wheeler tyres from the brand would cater to the growing superbiking segment in India.1 min read
